KUALA LUMPUR, June 23 (Bernama) — Malaysia’s economy is doing quite well as the current debt service ratio continues to be moderate and sustainable at 10.7 per cent and it is also heading into a safe zone, Minister in the Prime Minister’s Department Datuk Seri Idris Jala said.
He was responding to William Pesek’s June 5 article titled ‘Is Malaysia Asia’s Weakest Link’ in Bloomberg View, an editorial division of Bloomberg, in which the columnist wondered whether Malaysia’s economy will crumble after Oxford Economics ranked Malaysia as the riskiest country in Asia in a survey.
“Over the last four years, with our public debt as a p…
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